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angeles daily news." that is all for the program, thank you for joining us. we will now go to the senate homeland security and government affairs committee where chairman lieberman is going to be hosting a meeting about the ongoing threats. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] . >> i was struck yesterday by reading a gallup poll in one of the newspapers that showed a significant decrease in concern about terrorism among the american people. now, this is understandable, particularly because of the stress that current economic conditions have put so many american families under, but as the three witnesses know very well, the threat is still all too real. our committee knows that as well. it's our job and yours to be focused on protecting our homeland and our people from violent extremist and terrorists no matter what the state of public opinion is about it at the moment, and that's why, of course, we are so happy that -- and grateful that you are here today. the tragedy of 9/11 is a daily reality for the three of y
today to explain to us a little bit more about how the pipeline system works, with the infrastructure challenges and how people can get more materials their area from the government, we appreciate your information. guest: thank you, susan. host: we're going to close out today by telling you what's coming up next on c-span. you're going to join in progress the family research council on their annual meeting. it's called the 2010 values voter summit. it's taking place at the regency ballroom here in washington, d.c. it started at 8:45 this morning, so they're underway. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] . our strength and have the vision for what works in our country. think about a culture that does not have the values, the restraint of being accountable to god. we see it all over the world. where the economy works with corruption and work politicians are corrupt. the cost of the people that have no values and morals. then you need a bigger government to control a violent and disruptive people. there is a corr
this together on such short notice. for those of us who are jews, , some jewish we know what it is like when people have attacked us verbally, attacked us physically and others remained silent. it tcjhhn>'n, americaw"# in 2010 without the response of the religious community. we speak out because we know that hate crimes and hate speech are not mere acts of disreputableiv! assaults or arsons or derivative their attacks on the pillars of the public and the guarantors of our freedom. betrayalo >> what an honor and privilege is for me having stood on the mall for years ago under similar circumstances where we were talking about liberty and justice for all. the statement that we have worked together collectively reads the sleeve. religious leaders denounced anti- muslim bigotry, call for america's respect for tradition a religious liberty. as religious leaders in this great country we have come together in our nation's capital to denounce categorically the derision, misinformation, and outright bigotry being directed against america's muslim community. we bear a sacred responsibility to honor ame
. this is a reaction to what another country is doing to us. china is restraining its currency unilaterally. i wish they were not. i wish they were allowing their currencies to more liberally fluctuate with its true accommodating value. but if they can act unilaterally to hold down their currency, to make their goods seem more expensive for us to purchase, then we have the right to act in our best interests, whether it is unilateral or not, to respond. that way we can give our workers and businesses a fair chance to compete. i did not know if i can ask you a question, mr. secretary, it because you have done remarkably good job of trying to explain how important this relationship with china is. i believe you're trying to speak not just to us and the american people but to the chinese as well. i hope that some of us are able to speak to you and to communicate to the chinese people and government to say that this is not about trying to get on the case of the chinese. we have seen this picture before. we did it over a century ago. people are wondering where we came from when we became number one. i thi
for being with us on this friday. let's tell you what we're doing next. we will take you to the bipartisan policy center here in washington, d.c. and the panel session that looks at what we have learned nine years after the 9/11 attacks. there is an evolving terrorist threat and there will be several speakers. live coverage begins shortly. thank you for being with us on this friday morning and we will see to morning -- tomorrow morning at 7:00 a.m. on "washington journal." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] . [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> we are leave at this national press club this morning where former 9/11 commission lee hamilton and tom cane will speak with reporters about how terrorist threats have changed since 9/11. the two are now co-chairs of the national security preparedness group of the bipartisan policy center. it's an organization founded three years ago by former senate majority leader tom daschle. bob dole, georg
%. if i may proud independence. -- i'm a proud independent. if you look at our infrastructure, who uses mass transit more -- middle class, lower class, or upper class? i would say is middle or lower. guest: certainly, it depends on where you are. the certainly, the average bus- writer in america has a slightly lower income -- the average bus rider in america has a slightly lower income than the average american household. however, the express between fort worth and dallas, for example, it tends to be middle and upper income the use that. across america, all strata of society use public transportation and depending on where the transit goes and what type of transit it is combined with the market is that they are seeking to reach, it could be of -- it could be either very high income, that is with the commuter rail lines in new york or chicago or san francisco are an example of. it can be no american income americans going back and forth -- it can be middle-class american income going back and forth to work. it is a wide spectrum of people that use public transit. when i give these statis
that were donated to us. these were original patents that were provided. some of them date back to the early 1800's. is a reminder of what makes this country so great, our inventiveness. are originally there were a bunch of plates up there and i decided i have the whole plate room so i don't need another one year. >> do you have but george washington year? >> i kept george washington, i have a brown blanket. this was donated by steven spielberg to the -- i have abraham lincoln. this was donated by steven spielberg to a bill clinton. it is by norman rockwell. you have these guys cleaning the torch. it is a reminder that we constantly have to renew the flames of our democracy. >> when people come in this room, how do you notice them react? >> well, you know, somebody said this is the greatest home court advantage you have in this office. i think people feel a certain reverence for this space, because it symbolizes the presidency and it symbolizes what has been extraordinary record of tough tough decision -- of tough decisions and monumental decisions made in this room. usually people have a bi
he will embrace the notion and he his republic c >> the u.s. senate returned from their summer break. the nomination is scheduled at 5:30 p.m. eastern. the chamber returns to work and small-business lending bill that has been stalled since midsummer. follow the senate live on c-span 2. and the house returns from its summer recess tuesday at 2:00 p.m. eastern for legislative business. they will take up a handful of bills under suspension of the rules. those are scheduled for 6:00 p.m. eastern. tomorrow, members will take a resolution honoring the ninth anniversary of 9/11. on wednesday, they will work on a couple of measures designed to boost domestic manufacturing and a bill dealing with energy efficiency programs for rural areas. watch live house covered starting tuesday at 2:00 p.m. eastern on c-span. >> with the house and senate back in session, followed congress using the cspan video library congressional chronicle. beginning cadets a complete -- you can index a complete list of congressional members. it is free any time. watch you what you want, when you want. >> the people who
recent recession that demonstrates the u.s. is very strong in its reaction to the cheonan incident. they joined at the very beginning in the rescue operations, and also, [unintelligible] -- the were in strong support of the u.s. administration. this is the largest area ever conducted in the caribbean peninsula. -- kirby and peninsula. i might say that this is the reincarnation of the incident that happened between 1977 and 1993. it was a deterrent to north korean leadership and rain that in north korean policies -- north korean policies. one side effect of this is china's reaction. when we conducted this exercise in the wake of the cheonan sinking, the chinese reaction was unusually harsh. i think it has awakened at the international community. it is central in the war, as reflected in the sense of china. china had some objection to this joint exercise. for example, july 15 -- "we formally oppose any foreign militaries placed in the yellow city, undermining china's security." and second also, this was a joint week emphasized by a high- ranking military -- this was a jointly emphasi
political settlement. what makes us think that we can make some progress now? that is really only very recently that all the necessary elements of the campaign have come together. despite the fact that there have been western forces there since 2001, it is only rarely now that the necessary number of forces are deployed in afghanistan, as general petraeus has recently been making clear. one of our announcements had been a 40% increase in the development going to afghanistan. we have an economic protests that that is bought out by the afghans themselves. all these things have come together in recent times. the single most difficult problem we have faced in international affairs, but i think now we have the finest military minds, a good military plan, the necessary quantities of development and the experience of provincial reconstruction, and motivated key ministers in afghanistan, to have the best chance for success that it is possible to put together. i believe is right to maintain an effort to succeed, because i think the consequences of abandoning that effort now would be extremely s
asked them to send out messages to the world about the horror of the use of nuclear weapons. only those with firsthand experience can convey this. japan will coordinate with other countries and civil society to promote education on disarmament and non-proliferation issues. last december, demand -- japan's amended renewed determination toward the total elimination of nuclear weapons which was adopted in the general assembly with the united states as a co- sponsor for the first time. japan is determined to continue its efforts to strengthen the trend of broadening support for the resolution in the international community. steady implementation of the agreement of the conference in may is essential. japan and australia have coasted foreign ministers meeting on nuclear disarmament and non-poor operation on the opening of a new general assembly session. we have launched a new group dedicated to working toward a world without nuclear weapons. we intend to deep in discussions on reducing the role and a number of nuclear weapons and the world. -- in the world. i must make reference to the democ
for bringing us all together to talk about these very important issues. i have been asked to talk about racial profiling in the context of emigrants. there have been many waves of american history in which there have been anti-democrat laws and policies, but that the federal and state and city level. starting about five years ago, there has been a more recent wave, and states and cities across the country started proposing and enacting laws that were essentially designed to make life very hard for emigrants and to try to drive them out. in the last five years the state legislators have enacted reject proposed thousands of anti- immigrant laws. -- who have proposed thousands of anti-democrat loss. one of those mentioned here was the pennsylvania law, which is a law that prohibited undocumented immigrants from granting and restricted employment as well. there have been similar laws all across the country in places like farmers branch, texas. riverside, new jersey. in arizona, which is a very active state in this regard, is not the first and will not be the last. several years ago arizona passed
. >> there was a column this week called, "a superpower super broke," talking about the u.s. it is estimated that there are about two hundred al-qaeda agents. >> how many? >> 200-300. >> i thought you said two hundred million-300 million. >> know, we are spending about $1 million apiece. this is the tip of the iceberg. this is a conceptual question. is there any thinking about approaches that are not so expensive that may be more affordable? >> let me turn your question a little bit on its head to say that this is actually the more affordable way of going in comparison to many of our other assistance programs, this is still not that large. compared to what we have to deal with in a country that is broken in the case of an iraq or en afghanistan, this is a very small amount. i would underscore, as the president and secretary have, that this is a matter for the international community. there are a lot of countries to have recognized this challenge and shown their commitment with their pocketbooks. it is a difficult time, obviously for us. you could argue that our british friends are on a very
talk about a meeting in september of 2009, when the word traditional was used, what were the words she used to your recollection? >> the ones i have a mile written statement. >> would you refer to the words he said she specifically said? -- you said she specifically said? >> that is page 13. the bottom of page 13, the top of page 14. >> i have a larger print. >> mr. chairman, would you mind if the answer that question? thank you. >> ok. >> my recollection is that she used the term traditional types of section two cases, and the terms of political equality for racial and language minority groups, and the term "that is what we are all about." >> ok. thank you. >> ok, if that is your answer. >> thank you. in the last round of questioning you answered yes to my question of did anyone at that meeting where you were participating by conference ez about theer ri race hostile opposition to the boating rights act. were you one of the people who told him? >> yes. i remember specifically say in it because i knew about his testimony in front of congress, and i wanted mr. perez to know that i stron
in place at 45 airports nationwide, and we intend to use recovery act funds to purchase even more machines and deploy them in the coming months. . . let me say, again, we are now through a secure flight, we have accomplished the cutover, so we are measuring the manifest against the watch list, and we're doing so for all domestic carriers. we will also be working with international carriers and hope to complete their cutover by the end of the year. this will lead to more thorough and timely watch list checks, and less of the miss identifications that sometimes cause unnecessary inconvenience for travelers and undue media attention. finally, we have begun screening 100% of the air cargo of domestic flights on passenger planes, as required by 9/11 act. this is a goal that we have been working towards. i know alpa has been working closely with the tsa on these requirements. we will continue to work with you to make sure that this program is as effective as possible and its implementation continues to go smoothly. so as i said at the beginning of my remarks, you remain one of the most vital par
someone to it to the citizens' private fund, using organizations like the popular organizations where clients go in and file lawsuits, because they take money and use it for their campaign and basically leave the person that is lucky plan to -- that is the plaintiff in this particular situation penniless, and nobody does anything about it. and those that are members of the local church -- they go from church to church, to help fund the organization. i find that robbing people, legally doing it, and ignoring it when making a complaint -- we have to find where the money comes from and i think we are doing a poor job on that. thank you, and have a great day. guest: i am not sure i totally understand the question, but in terms of disclosure, that is a very important part of the process now, because there is more ability to spend money. i think that a lot of voters would be interested in knowing as much as they can about where the support for a particular candidate is coming from. host: people are looking at the race in minnesota as a real test case of the citizens united decision. guest:
enables us to represent our interests throughout the world is a principle we should uphold. can i put it to you that you have mentioned this in your answer before. is it true, and i take this from your written response to our questions, that you are referring to the viewing the scoring methodology to ensure this work is fully captured inconsistent with the guidelines for scoring. that means you're looking at things that have in the past been paid for by the budget. tacom>> there is a quite a propn that is categorized as overseas development. in the last year 137 billion pounds. >> a you will have to wait for the results of the comprehensive spending because you are trying to anticipate and trying to anticipate this. we will have to wait for those things. that spending can be provided for as a very different budget. the important thing is it is compliant. as we look at the country by 2013, we are all strongly agreeing on the gross national and come. it's important to recognize what contributes to that. that is oversees development spending. takeov>> spending will be used o fund things
their jobs. and today, mr. chairman, they are seeing us stand up for the american manufacturing and american workers and demand a level playing field and an end to china's currency manipulation. i yield back. the speaker pro tempore: the gentlewoman yields back. the gentleman from texas. mr. brady: i reserve. the speaker pro tempore: the gentleman reserves. the gentleman from michigan. mr. levin: mr. speaker, it's now my pleasure, a deep privilege to yield a minute to our distinguished speaker, nancy pelosi. the speaker pro tempore: the gentlewoman is recognized. the speaker: thank you, mr. speaker. i thank you for the recognition and of yielding of time from the distinguished chairman of the ways and means committee. w and means committee. i think him for bringing this legislation to the floor and i thank mr. murphy -- bipartisan murphys for their leadership in this important legislation. mr. speaker, for so many years, we have watched china-u.s. trade deficit grow and grow and grow. and today, we are finally doing something about it by recognizing that china's manipulation of the currency
speaking i would appreciate it. tell us your name and any ebullitions you might have. please wait. we have microphones coming around to you. >> thank you. i am mike billington. i do not know if you went to the conference in quantico last week, but at that conference are raise the exact question you have drawn, the elite of the chinese and russians and others that the evidence is an adequate. the response from different generals as we do not need no stinking evidence. [laughter] look at the provocations, it isn't their character, therefore we have to accept this is true. you did not mention the issue, which has concerned me about this, which is why in this area of very high south korean and u.s. and nato anti-submarine warfare facilities and sonar equipment and so forth there appears to have been no son are evidence whatsoever -- no sonar evidence whatsoever? we all know that north korea said they had nothing to do with this, but i am wondering what you did north korea thinks about this. in other words, who could have done it, who in the west? is that the british? whaty is the view of the n
for granted on a daily basis to live in freedom, to live in democracy. those are the ones who allow us to do. that today we have the opportunity to help make our soldiers and our veterans, to help transition them into civilian life much easier. h.r. 5282 will help to make opportunities available to the brave men and women who are returning from the fight on the global war on terror and this legislation will continue our commitment to our veterans through education and employment opportunities. and as part of the civil works mission, the corps of engineers, they uncover countless historic artifacts continuously. a lot of these artifacts, which are very important items, are frankly just uncatalogged and are just kind of almost semiabandoned and they need curation. so, this is such a commonsense bill. it helps preserve our history, preserve our past, while also making sure that we give opportunities to the most noble, to the best and the brightest of our country, to our troops and to our veterans. i urge all members to support our receipt advance and support this -- our veterans and support thi
have to give us adequate time to get to the floor so we can respond to the bills and i am recognized and am making a statement because i'm really upset. this is the way the majority has been running the congress, mr. speaker. . you wonder why the american people are upset with majority is because of this. if you don't give adequate notice to the ranking member to be to the floor on bills, people are going to know. you know they are going to know? because i'm going to tell the story. rules matter around this place. now, let me go back to the first bill. the only reason i want to mention this is because i want to thank, you just passed it, we are going to do it by voice, let me tell you what's upsetting. it's the parliamentarian. from the time you drop that bill and the parliamentarian makes sure it gets to the jurisdictions. some might get amended and some other committee thinks they want a view on it. what happens is the majority not giving a doggone about the minority puts bills on this floor no matter what they do so long it's in comfort with someone else. they don't care about the
. it mandates that funds provided by the legislation shall be used to supplement and not to supplant other energy efficiency funding. it says that no report has to be filed with the comptroller general regardling the extent to which funds provided by the legislation that are used to support commercial or industrial energy measures. it prohibits any additions to direct spending with respect to the legislation. it forbids funds from being used to purchase personal property, including manufactured homes but allows funds to be used for modifications to manufactured homes. . it prohibits regulations regarding a home labeling program, it also prohibits the wrongful use or diversion of program funds, as well as prohibits providing funds to any contract who are employs any person who has been convicted of or pled guilty to any form of sexual assault. finally it prohibits federal employees from receiving loan fund fs they have seriously delinquent tax debt, have received a payment in violation of the liheap or have been officially disciplined for viewing, downloading or exchanging pornography on fe
think someone can come up with the exact figure, and all of the resources being used for a human destruction, why can they not be used to improve the quality of life, living conditions, and the structure, and given a future to the people of india? [unintelligible] this mahomet gandhi was alive today, what kind of device which he did to the indian leadership? >> we will take that as a comment, not a question. [laughter] the gentleman in the back. >> we are prisoners of the past. when you talk about military, there are at least two wars in the past. we have to project that in a linear fashion. i would like you to comment on the macro side in the sense that the borders were imposed by the british on the locals. the chinese border was [unintelligible] then, [unintelligible] acted on his temper, winston churchill -- and his emperor, winston churchill. why is this border so solid? secondly, on pakistan, you have an enormous tragedy. what are the opportunities for the bigger the deal maker? >> let me comment on that, not the last part, because we are still discovering what is happening
to the middle east. >> direct negotiations among the u.s., israel, and the palestinian authority in pursuit of a final agreement, sediment, and just peace of two states living side by side -- settlement. george mitchell will answer a few questions, but we still have meetings going on. he will have to return upstairs to rejoin the negotiations. >> good afternoon, ladies and gentlemen. the parties have just concluded the first round of trilateral talks. the meeting lasted about an hour and a half. it began with a plenary session involving the full u.s., israeli, and palestinian delegations on the eighth floor of the state department, and then broke to a smaller meeting in the secretary of state's personal office involving prime minister netanyahu, president abbas, secretary clinton, and myself. prime minister netanyahu and president abbas then went into a separate meeting for a direct discussion. that meeting is still going on right now. in the trilateral meeting, there was a long and productive discussion on a range of issues. president abbas and prime minister netanyahu expressed their inte
you for being with us. he is in town for the american political science association's annual meeting. in fact, c-span has been covering a lot of their events. tonight, if you have not gotten enough politics, tonight on c- span is the night to watch politics because we are going to kick off -- all day long this is going on. apm, the political report, there look at -- their look at the political races. and we will look of the cook political report and the 2010 elections and their take on it. if i probably should have mentioned this first, at 4:15 p.m. this afternoon, american political science association 2010 elections. and then tonight, political report. then the california senate debate, which just happened last night between senator boxer and carly fiorina. and then the arizona gov. debate. we will follow that, governor burqa against her opponent, attorney general terry goddard. and then at 11:00 p.m. tonight, the nevada gov. debate between brian stanozol and rory reid, the son of majority leader harry reid. that is all politics tonight. "book tv" coming up. the we have a three-da
at the time of economic and fiscal arrested, and second is this the best use of limited dollars given the pressing needs to take cover ou care of our people. i share the secretary's objectives are reducing duplication overhead and access in the defense enterprise and instilling a culture of savings and restraint across the department of defense. on august 9, the sector followed up by announcing a series of specific cost-cutting measures, including a reduction in funding and for service support contracts by 10% per year for three years, a freeze on the number of o.s.d. defense agencies, a freeze on the general officers, a review and reduction of the number of reports, studies, and advisory boards, new limits on positions and contractors for intelligence functions. i agree with the secretary on the rapidly-expanding service contractors who supports the department. too often in the past we have constrained and number of department of defense employees without raisplacing a limit on service contractors. and rather than saving money, we have lost badly needed talent, expertise, and institu
with 31% of the vote. this is about an hour. >> good evening and thank you for joining us for this first gubernatorial debate. >> tonight's debate is brought to you by impact nevada. this is a partnership between ' the las vegas review journal" and pbs. >> rory reid and brian sandoval have released plans for improving education. we will hear from both candidates on this issue. >> the venue for tonight's debate, the andre agassi college preparatory academy. here is a man who really cares about education, andre agassi. [applause] >> thank you. good evening and welcome to the andre agassi college preparatory academy. i want to rory reid and brian sandoval for accepting this invitation to come here to share their thoughts on this vital issue, education. we built this school because we believe nothing has the power to change a child's life like a quality education. without an education a child cannot hope. without a quality system, a state cannot compete. the next governor will long be remembered for the effect on education. nevada is struggling economically. a huge portion of our state budge
you so much for being with us on this wednesday. we will take you to the house of representatives live next. we will be back tomorrow morning at 7:00 a.m. eastern time. today the house is working hard to get out of here, we do not know the schedule will change, but we for sure know that one of the bills on their agenda today is a discussion about compensation for 9/11 first responders who have developed health problems. thank you for being with us. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] periods [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker: the house will be in order. the prayer will be offered by the guest chaplain, reverend scott moore, doctorial student, germany. the chaplain: god of the nations, you have chosen many in various ways to show your pre
comfortable i think that will go a long way to helping us get out of what we are in. host: the twitter community on our website page which is c-span wj are talking about your background and the fact that you were a chief risk officer for several of these companies that were in trouble. guest: i was also a regulator. host: they are wondering -- and i am, too, you implied you didn't stay at some of them because of the risk the companies were taking. can you sort of speak in general about what kind of conversations you or some others that you know, your colleagues, might have had with executives and what kind of push-back you got? guest: that is a delicate situation for me because there is litigation going on so i can't speak to too many specifics. but i will come back and say i wrote a study on this back in the spring on risk management practices during the motor crisis and i believe the following from what i observed and it didn't matter what kind of institution it was, bank, thrift or whatever it was. or even the people there. these institutions, before the crisis, were very sales orie
for years and they have elected me to that. >> in new hampshire -- >> u.s. civil rights commission is holding a conference on civil rights in the 21st century and includes speeches and panel discussions on various aspects. business leaders and scholars discuss the legal and social tools available for fighting discrimination. >> including continued racial and ethnic disparities in important measures of well-being and success. this discussion obviously includes a consideration of public policy options, both old and new, but it goes beyond public policy by also asking about the limits of government action and what the right mix of government and nongovernment action should be. in a pre-conference conference call with the panel members, we identified the following questions as relevant. they don't have to answer them all, but i'm going to repeat them anyway and if they go off on more brilliant things i might turn them back to a few of these questions. first, beyond rigorous enforcement of anti-discrimination law, ca can and should be done by government to narrow racial and ethnic dispa
outlined. i presented it in more detail in my testimony. i believe the commission has the memo we used to analyze the wachovia situation. it was the context. the economic situation was important to making judgments about systemic risk of individual institutions, the scale. wachovia was the third largest institution by deposit, so incredibly large and interconnected. we looked at measures of the interconnectedness, how -- to the extent we could, where the commercial paper was placed and the effect of not being able to pay might have on other institutions. some of its other large exposures to different markets and a different institutions. the fact that it was well- capitalized, considered well- capitalized. the market did not seem to see the failure of it coming. unlike wamu where the market saw it that they died over a period of time. a lot of folks prepared for that. >> so do you agree that there should have been no intervention with wamu? >> yes we agree. >> there are some who assert that the failure of wamu triggered a run on wachovia? >> the day after wamu failed, two events occurr
carbon emissions, let me tell you what will not work. it would not work to use cat and trade. cap and trade is being put out as the way to solve this problem. cap and trade is the notion that we will set a limit on how much carbon emissions there will be. we will deal out the cards to people who get to the met this much carbon, and then we will say what -- now somebody else wants to reduce carbon, you have to buy one of these emissions permits. at the same meeting where i met t.j. rodgers, i also met jeff in help from general electric. just in health -- jeff, after giving an impassioned speech about how greene general electric -- she might have thought they were green electric rather than general electorate -- how greene generally lesser was and how -- how greene general electric was and how deserving they were to get this, more efficient engines, and so on and so forth. he capped it quite well when i asked him a question, were they really that green or with a just lobbying? he got a little bit mad, and he said, if you are not at the table, you're on the menu. let that soak in for
's not what we have now. that's not what the taxpayer is going to give us. the taxpayer says give us the security we need for the money i have. so the circumstances change. second thing is, the era has changed. an earlier question came about services. services weren't such a big deal for some of my predecessors. some of my predecessors were not at war, which forces a cadence upon us that during the cold war we prepared for, we didn't conduct war. that was a different schedule. you could look at programs that were 10 and 15 years. you didn't have to deliver to afghanistan this summer. so circumstances change. and this is -- these are the initiatives that are appropriate to the circumstances in which we find ourselves. or on the submarine side. >> i'm a little nervous about that. i use speed and size. i know the navy acquisition executive is here. let me follow up with you. there are size and speed that i want to be careful what i say. the design of the submarine and therefore, how much it costs. >> much what we have seen is in the war zone and this applies to iraq and afghanistan. wou
is crossing the table. and they are able -- their business model is basically to use the power of their monopoly or duopoly position to extract more and more revenue from folks who are dependent on this service that is essential for the transaction -- the sale of gas, the sale of grocery -- to occur. and that business model that i think we have to reward is the hard work and good service and high quality and a fair price. and our merchants, individual merchants, have no capacity to protect themselves on the cost of each transaction. and when you have electronic transactions, they are pretty simple to do. there is an expense involved. the price as charged has to be fair. and unless you have a cop on the beat -- in this case, the federal reserve writing regulations to make certain the banks don't overreach so the charges are reasonable and proportionate -- you will see merchants getting hammered with because they can't control. it eats into their profits and their viability. this i think is overdue. other countries have a much lower cost per transaction, and their economies do fi
Search Results 0 to 33 of about 34